We've seldom had a fair break in dispute settlements over trade.
A third area where law has facilitated commercial activity is dispute settlement.
With regard to dispute settlement, an issue you have also addressed, I would make three comments.
Care, however, must be taken here: dispute settlement does not necessarily involve legal machinery.
Mr President, others have talked about the issue of dispute settlement specifically.
We must therefore give precedence to alternative methods of dispute settlement.
Second, by placing too high a value of compensation, the treaty might actually discourage peaceful dispute settlement.
Officials said environmental groups might be allowed to take part in dispute settlements at the World Trade Organization.
All important areas are included, notably trade in goods, services, procurement, intellectual property rights, competition, capital movement, investment and dispute settlement.
Many of these agreements were written at a time when there were hardly any cases of dispute settlements.